Housing Wire

MARCH 10, 2025

The unsold inventory of homes on the market across the country is 28% greater than last year at this time. Withdrawals keep a lid on inventory growth. That suggests a shadow inventory of homes that want to be sold but the market isnt there for it. Inventory of unsold homes is climbing. Each bar is a week.

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Inventory New Listings Housing Market Sellers 425

Housing Wire

DECEMBER 9, 2024

We know inventory has been climbing all year. The northern cities have tight inventory and rising prices, some of the Sunbelt cities have the most inventory in many years, and some markets even have falling prices, too. Inventory is growing Lets start with supply. Inventory shrank every year for most of the decade.

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Housing Market Marketing Inventory Sellers 418

Housing Wire

DECEMBER 30, 2023

Going into 2023, people thought housing inventory would skyrocket, home prices would crash, and we would see the housing market of 2008 all over again. We created this weekly tracker at the end of 2022 to give people a live weekly outlook on everything that drives the housing market and which factors to follow.

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Inventory New Listings Housing Market Mortgage 521

Housing Wire

SEPTEMBER 16, 2023

What’s going on with housing inventory ? The last four weeks of new listings data have been the most volatile since mortgage rates breached 6% in 2022. In reality, the volatility in housing inventory is due to the Labor Day holiday, the start of school and the fact that new listings are trending at the lowest levels ever.

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Inventory New Listings Housing Market Mortgage 505

Housing Wire

OCTOBER 22, 2024

For-sale inventory of single-family homes is up 33% from a year ago. New pending sales are also on the rise, with the 60,000 homes going under contract last week representing a 9% increase from the same week last year and an 11% increase from the same week in 2022. in 2023, but starts for attached properties rose by 3.2%

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Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. market share, while first-quarter 2022 saw a record high of 34.4%. The available inventory of existing homes rose by 22% year over year in Q3 2034.

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Marketing Inventory Construction Realtors 370

Housing Wire

MARCH 31, 2025

This is measurable in both the total unsold inventory and the number of new listings each week. Because each week we have 815% more sellers than last year, the total inventory will continue to build unless and until demand shifts dramatically, which would require notably lower mortgage rates. A crash is not underway. Thats up 1.1%

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New Listings Inventory Housing Market Sellers 450

Housing Wire

AUGUST 29, 2024

Unsold inventory of homes on the market has been climbing in the U.S. In general, inventory rises with rates because more expensive money slows demand. When demand slows, inventory grows. Inventory is climbing but it’s still pretty restricted. And importantly, inventory isn’t growing everywhere equally.

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Inventory Real Estate Housing Market Construction 482

Appraisal Buzz

DECEMBER 30, 2024

The real estate market has seen a lot of unusual trends in the past couple of years, so it makes sense that youd want the latest market update before you make any major decisions! The real estate professionals make their best predictions based on data, but no one can know whats going to happen with 100% accuracy.

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Housing Wire

JUNE 18, 2024

By now everyone knows that unsold inventory of homes on the market is climbing. But is that unsold inventory surging? Because home prices are high, and affordability is low, it is always legitimate to fear a potential real estate market crash. In the last few weeks, Inventory is no longer growing compared to last year.

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Inventory Contracts Housing Market New Listings 448

Housing Wire

JULY 8, 2024

There have been a few markets; however, that have defied the national trends where inventory has stayed tighter and demand keeps rolling in. Available inventory of unsold homes in the U.S. real estate market as we’re now in the second half of 2024. Inventory is rising everywhere in the country.

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Inventory Contracts Sellers New Listings 482

Housing Wire

JANUARY 12, 2023

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% Despite this sizable yearly increase, active housing inventory was down 33.4% compared to December 2019 and 38.2%

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Inventory New Listings Buyers Sellers 534

Housing Wire

SEPTEMBER 10, 2023

Last week we saw a noticeable decline in new listings and active inventory was barely positive. Does this mean housing inventory has begun its seasonal decline? However, in 2022, home sales were collapsing in the fastest fashion ever in history, so we must be mindful of comparing this year to last.

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Inventory New Listings Retail Mortgage 518

Housing Wire

JANUARY 29, 2025

The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. In the current climate, homebuilders have advantages over existing-home sellers. But builders have a slight immunity to this because they can offer rate buydowns.

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Sellers Housing Market Realtors Inventory 488

Housing Wire

SEPTEMBER 19, 2024

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. Rising interest rates were a response to post-pandemic inflation that began to rise sharply at the beginning of 2022.

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Real Estate Agent Real Estate Agents Buyers 511

Housing Wire

JULY 1, 2024

That’s the key takeaway from a report released Monday by StorageCafe , an affiliate of real estate data provider Yardi , which analyzed U.S. Census Bureau data from 2013 to 2022 to determine the fastest-growing housing markets in terms of single-family and multifamily homes added. It was followed by Washington, D.C.,

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Inventory Housing Market Real Estate Marketing 448

Housing Wire

AUGUST 19, 2024

Unsold inventory of homes for sale has been on the rise all year. It hasn’t turned the corner yet — inventory rose across the country this week — but at less than 1% rate. There are some signs that inventory growth is slowing with newly lower mortgage rates and the end of the summer. Texas inventory grew by 1.5%

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Inventory New Listings Sellers Buyers 444

Housing Wire

FEBRUARY 6, 2023

Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. We are working from a shallow bar in this index – seven years of growth were taken away in one year in 2022. We have had back-to-back weeks of noticeable decline in the Altos weekly inventory data.

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Inventory Housing Market Marketing New Listings 488

Housing Wire

JANUARY 8, 2024

2022 started insanely strong and weakened rapidly in the second quarter. Inventory is inching up. Each week, inventory is increasing just a bit relative to last year. Unless rates dip into the 5s, then I expect demand will pick up so quickly that inventory will drop again. But, 2024 is starting stronger than last year.

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Real Estate Marketing Inventory New Listings 508

Housing Wire

JANUARY 22, 2025

This is the largest difference ever recorded by the real estate portal as the pricing gap has grown considerably from pre-pandemic levels. But for-sale inventory is improving as the number of listings in December totaled nearly 1 million, the most for the final month of the year since 2019. Zillow analyzed the 50 largest U.S.

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Inventory Home Value Housing Market Buyers 448

Housing Wire

JANUARY 30, 2023

Housing inventory decreased by 6,468 units, a more pronounced decline from the previous week. We had a waterfall dive in purchase apps in 2022 — a historic dive, I would say — so there is a shallow bar to bounce off of. As I have stressed for some time, this data line started to improve on November 9th, 2022.

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Inventory Housing Market Marketing Mortgage 508

Housing Wire

JUNE 10, 2024

In the 24 months beginning March 2022, the U.S. However, if you ask, most people think the mortgage lock-in occurred in 2022. million fewer home sales between March 2022 and December 2023. By Q1 2022, 80% of mortgage holders were locked in with their incredibly cheap financing. We call this a supply-constrained market.

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Mortgage Inventory New Listings Sellers 468

Housing Wire

MAY 3, 2024

No matter where you are in the Tar Heel State, real estate professionals across North Carolina are frustrated by the lack of housing inventory. The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We

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Inventory Housing Market Marketing Real Estate 440

Housing Wire

JANUARY 12, 2023

This article is part of our 2022 – 2023 Housing Market Update series. However, the story of 2023 may be very different than what any of us expect due to the oncoming avalanche of inventory we may see and its implications. You have probably heard that low housing inventory got us into this mess.

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Inventory Investors Construction Housing Market 541

Appraisal Buzz

AUGUST 8, 2024

The Single-Family Rental (SFR) inventory and days-on-market continue to climb gradually, according to HouseCanary, Inc. ‘s As a result, and in line with earlier data, the steady increase in days-on-market and inventory levels, along with the continued demand for rentals as an alternative to house ownership, led to a minor 2.3%

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Inventory Development Real Estate Tenants 397

Housing Wire

MARCH 18, 2024

real estate market were for inventory growth, sales growth and home-price growth across the U.S. Of my initial expectations this year — rising inventory, rising sales rates, rising prices — only rising inventory remains clear at this moment as we finish Q1 with rising interest rates. They climbed starting Jan.

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Inventory New Listings Sellers Contracts 468

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. Cleveland – Residential construction and real estate activity declined further.

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Inventory Housing Market Marketing Construction 448

Housing Wire

MAY 15, 2024

In the 24 months beginning March 2022, the U.S. After an initial rush to get to market in Q2 2022, new listings volume fell precipitously. In July 2022, new listings volume per week dropped from 90,000 at the end of June to approximately 74,000 just after the July 4th holiday. The lower rates go, the fewer home sellers we have.

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Mortgage New Listings Inventory Sellers 459

Housing Wire

APRIL 11, 2022

Given the current housing inventory crisis, it might surprise people to realize this: we built too many homes during the housing bubble years. Yes, but this is where my work is much different from other housing economists and why we need to think of inventory in a new, modern 21st-century mindset. Wait, what?

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Inventory Housing Market Marketing Modernization 514

Housing Wire

MARCH 23, 2023

If there’s one sector of the economy that benefits from the very low levels of total housing inventory , it’s the homebuilders , but for a reason you might not think. If national housing inventory were back to normal, we would have 2 to 2.5 percent) below the February 2022 estimate of 790,00. percent (±15.3 percent (±12.9

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Inventory Housing Market Construction Marketing 545

Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. In other words, if there were more inventory, we would have more sales happening.”

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Inventory Renovations Real Estate Government 488

Housing Wire

MAY 26, 2022

It’s an excellent time to discuss housing inventory. How can housing inventory be so low today when it skyrocketed back in 2009? As you can see below, the inventory keeps falling from 2014 levels, and even with the weakness in demand this year, we are nowhere close to 2013 levels, let alone 2018 levels. What is going on here?

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Inventory Housing Market Construction Marketing 526

Housing Wire

NOVEMBER 20, 2023

Last week, I asserted that housing inventory growth had finished for the year. This week, the available inventory of unsold single-family homes crept up minimally. Housing inventory inches up There were 570,000 single-family homes on the market, or 0.5% Turns out I was wrong! After all, more sellers means more sales in 2024.

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Inventory New Listings Housing Market Sellers 476

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Demand will continue to be strong into 2022. Low inventory will continue to be a major issue. Unfortunately for all these eager homebuyers, inventory continues to be at record low levels.

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Housing Market Marketing Inventory Sellers 543

Housing Wire

OCTOBER 21, 2024

real estate market is marked by contradictions that are leaving many confused. Here are the five real estate contradictions we’re seeing as we close out 2024 and prepare for the new year. Housing demand is high in some areas while others struggle to sell Real estate markets across the U.S.

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Real Estate Marketing Insurance Property Taxes 493

Housing Wire

JULY 23, 2024

Sinking sales, rapidly rising inventory and prices at all-time highs — this is the state of the market for existing homes. That’s according to June’s existing-home sales data from the National Association of Realtors (NAR), which reflect the problems that have hampered housing markets since mortgage rates began to rise in 2022.

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Inventory Buyers Inspection Sellers 508

Housing Wire

JUNE 24, 2024

Inventory grew by almost 14,000 homes this week. Available inventory of unsold homes continues to grow but that growth in seems a bit less intense than it could be. He expects the second half of the year to see even more inventory growth. Inventory increases by 2.2% Sellers can just wait it out, and it looks like the U.S.

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Inventory Sellers New Listings Property Taxes 458